Auction Catalog

Assets of Palmetto Cotton Gin For Sale at Auction

1. Please review the terms and conditions, and be sure you understand them prior to bidding.

2. This auction will allow you to bid on individual items, make your own combination of multiple items, or break existing combinations. The result that brings the best result for the seller is the manner in which it will sell.

3. 10% Buyerïï¿½s Premium applies. All lots are sold AS IS, with no warranty expressed or implied. See full terms and conditions.

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"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.